LisaBeilfuss

The Michigan-based company, which manufactures products ranging from insecticides to paint to plastics, generates about two-thirds of its revenue outside of the U.S. The stronger dollar, which makes its products more expensive abroad, has bit into results.

Though the company has benefited in recent years from high oil prices and cheap North American natural gas, as it uses cheaper U.S. gas to make plastics and consumer goods while competitors rely on pricier oil-based fuels, the sharp decline in the price of oil has hurt pricing power.

In the face of those issues, Dow brought its cost of sales down 18% in the quarter.

Overall for the period, Dow booked a profit of $1.22 billion, or 97 cents a share, up from $967 million, or 73 cents, a year earlier. Excluding resturucturing-related items, among others, per-share profit rose to 91 cents from 74 cents.

Revenue slid to $12.91 billion.

Analysts expected 83 cents in earnings per share and $13 billion in sales, according to Thomson Reuters.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.